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High oil prices boost commodity currencies while Dollar rally stalls
New York: The dollar edged lower on Thursday as this week’s rally in U.S. Treasury yields paused, and currencies such as the…
Dollar holds near weekly high, sterling rises after inflation data
New York: The dollar held near a weekly high on Wednesday after a surge in U.S. yields resulted in sharp gains this week against…
Oil rises to 7-year high as Turkey outage adds to tight supply outlook
New York: Oil prices rose for a fourth day to a seven-year high as an outage on a pipeline from Iraq to Turkey increased concerns…
Dollar finds footing as traders brace for hawkish Fed
New York: The dollar clung to a late week bounce on Monday as investors braced for January’s U.S. Federal Reserve meeting and…
European stocks closed lower as hawkish Fed remarks dent global sentiment;…
New York: The pan-European Stoxx 600 provisionally ended around 1% lower, with retail stocks dropping 2.3% to lead losses as…
Oil prices poised for fourth week of gains
New York: Oil futures rose on Friday and were set for a fourth week of gains, boosted by supply constraints and a weaker dollar,…
Dollar weakens for a 4th day on U.S. rate view
New York: The U.S. dollar fell for a fourth consecutive day on Friday to its lowest in more than two months as investors took the…
Dollar off lows as U.S. inflation test looms
New York, The dollar steadied above almost two-month lows against its major peers on Wednesday, ahead of data expected to show a…
Dollar falls after U.S. jobs report
New York: The U.S. dollar was slightly lower against a basket of major currencies on Saturday on the heels of the December jobs…
Dollar retreats modestly before U.S. job data
New York: The dollar retreated slightly on Friday but was still on course to gain over the week before the release of U.S. labor…
